Russia to introduce tariff exemption on import of some fruit and vegetable products

Published Dec 1, 2024

Tridge summary

The Eurasian Economic Commission (EEC) has approved a tariff exemption for certain fruit and vegetable products, including apples, potatoes, and carrots, to be implemented from January 1 to July 31, with the largest exemption for apples at 230 thousand tons. This decision aims to stabilize the price of these products, which have increased due to May frosts, and control inflation. Additionally, a quota for onion and cabbage imports is under consideration. Furthermore, a quota for cattle meat imports has been set at 100 thousand tons, exempt from current duties, and a butter import quota has also been exempted from duties.

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Original content

The Council of the Eurasian Economic Commission (EEC) has decided to introduce a tariff exemption for some types of fruit and vegetable products starting next year. This was reported by the Ministry of Economic Development. It will be in effect from January 1 to July 31. Its largest volumes are defined for apples - 230 thousand tons. Another 150 thousand tons will be for all types of potatoes and 55 thousand for carrots. For two products, separate values are defined for Belarus - 5 thousand tons for carrots and up to 20 thousand tons for apples. This decision was supported by the government subcommittee on customs-tariff and non-tariff regulation and protective measures in foreign trade (part of the government commission on economic development and integration). This measure was included in the list of other decisions aimed at saturating the domestic market with food products and curbing the growth of prices for these products. The issue of quotas for the import of onions and ...

Source: Rosng